PPP Loan information for Lomar machine & tool co.

$1,990,292

Lomar machine & tool co. was initially approved for PPP Loan of amount $1,990,292, the current approved amount is $1,990,292. The loan was approved on 01/19/2021 by The County National Bank reported 108 jobs and $1,990,292 was used to fund payroll.

Lomar machine & tool co. is Existing or more than 2 years old

PPP Loan Search / MI / Horton / Lomar machine & tool co.

LOMAR MACHINE & TOOL CO.

Date Approved

01/19/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

LOMAR MACHINE & TOOL CO.

Borrower Address

135 Main St

Borrower City

Horton

Borrower State

MI

Borrower Zip

49246-9540

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1990292.20

Current Approval Amount

1990292.20

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35318

Servicing Lender Name

County National Bank

Servicing Lender Address

One S Howell St

Servicing Lender City

HILLSDALE

Servicing Lender State

MI

Servicing Lender Zip

49242-1811

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Horton

Project County Name

JACKSON

Project State

MI

Project Zip

49246-9540

CD

MI-05

Jobs Reported

108

NAICS Code

333514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1990289.20

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

35318

Originating Lender

County National Bank

Originating Lender City

HILLSDALE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2001072.95

Forgiveness Date

08/17/2021

;